<ARTICLE> 6
<LEGEND>
THIS SCHEDULE CONTAINS SUMMARY FINANCIAL INFORMATION EXTRACTED FROM THE
SEMIANNUAL REPORT FOR THE SIX MONTHS ENDED JUNE 30, 2000
IS QUALIFIED IN ITS ENTIRETY BY REFERENCE TO SUCH FINANCIAL STATEMENTS.

<MULTIPLIER> 1,000

                             
<PERIOD-TYPE>                   6-MOS
<FISCAL-YEAR-END>                          DEC-31-2000
<PERIOD-END>                               JUN-30-2000
<INVESTMENTS-AT-COST>                           83,875
<INVESTMENTS-AT-VALUE>                          82,889
<RECEIVABLES>                                    8,508
<ASSETS-OTHER>                                      15
<OTHER-ITEMS-ASSETS>                                 0
<TOTAL-ASSETS>                                  91,412
<PAYABLE-FOR-SECURITIES>                         6,585
<SENIOR-LONG-TERM-DEBT>                              0
<OTHER-ITEMS-LIABILITIES>                          268
<TOTAL-LIABILITIES>                              6,853
<SENIOR-EQUITY>                                      0
<PAID-IN-CAPITAL-COMMON>                        89,893
<SHARES-COMMON-STOCK>                            4,792
<SHARES-COMMON-PRIOR>                            4,792
<ACCUMULATED-NII-CURRENT>                          228
<OVERDISTRIBUTION-NII>                               0
<ACCUMULATED-NET-GAINS>                        (4,599)
<OVERDISTRIBUTION-GAINS>                             0
<ACCUM-APPREC-OR-DEPREC>                         (963)
<NET-ASSETS>                                    84,559
<DIVIDEND-INCOME>                                    0
<INTEREST-INCOME>                                3,194
<OTHER-INCOME>                                       0
<EXPENSES-NET>                                     393
<NET-INVESTMENT-INCOME>                          2,801
<REALIZED-GAINS-CURRENT>                       (2,375)
<APPREC-INCREASE-CURRENT>                        1,586
<NET-CHANGE-FROM-OPS>                            2,012
<EQUALIZATION>                                       0
<DISTRIBUTIONS-OF-INCOME>                        2,683
<DISTRIBUTIONS-OF-GAINS>                             0
<DISTRIBUTIONS-OTHER>                                0
<NUMBER-OF-SHARES-SOLD>                              0
<NUMBER-OF-SHARES-REDEEMED>                          0
<SHARES-REINVESTED>                                  0
<NET-CHANGE-IN-ASSETS>                           (671)
<ACCUMULATED-NII-PRIOR>                            110
<ACCUMULATED-GAINS-PRIOR>                      (2,224)
<OVERDISTRIB-NII-PRIOR>                              0
<OVERDIST-NET-GAINS-PRIOR>                           0
<GROSS-ADVISORY-FEES>                              467
<INTEREST-EXPENSE>                                   0
<GROSS-EXPENSE>                                    811
<AVERAGE-NET-ASSETS>                            84,429
<PER-SHARE-NAV-BEGIN>                            17.79
<PER-SHARE-NII>                                   0.58
<PER-SHARE-GAIN-APPREC>                         (0.16)
<PER-SHARE-DIVIDEND>                              0.56
<PER-SHARE-DISTRIBUTIONS>                         0.00
<RETURNS-OF-CAPITAL>                              0.00
<PER-SHARE-NAV-END>                              17.65
<EXPENSE-RATIO>                                   0.91